Skip to content
Buy
Property for sale New homes for sale Property valuation Investors Mortgages
Rent
Property to rent Student property to rent
Find Agent
Find estate agents
House prices
Sold house prices Instant online valuation
Commercial
Commercial property to rent Commercial property for sale Advertise
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Overseas blog Mortgage guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell Overseas property
Get brand editions for Moveli, London & Country

New North Road, Exeter, EX4

Floorplan 1
1

Key features

  • A CITY CENTRE STUDIO FLAT
  • IDEAL INVESTMENT WITH 8.5% GROSS YIELD
  • CURRENTLY TENANTED FOR LAST FOUR YEARS
  • LARGE OPEN PLAN STUDIO ROOM
  • FITTED KITCHEN, LIVING SPACE AND BEDROOM AREA
  • WEST FACING BALCONY
  • SHOWER ROOM
  • PLENTY OF STORAGE
  • NO ONWARD CHAIN

Description

This spacious studio flat is perfect for both first time investors or adding to an existing portfolio. The property is currently let for £775 per calendar month, resulting in a 8.5% return based on the asking price. The current tenant has been at the property for four years and is happy to stay if required. The property would also make a good base for anyone looking to live in the city on a part time basis.

The building has a lift to all floors and the property is located on the 3rd floor. The entrance hall has plenty of storage with a large store and smaller cupboard. The studio room is generous and naturally divides into three areas. The kitchen is fitted with wall and base units with integrated oven, hob and extractor. There is also a bed area adjacent to the living area, which has access out to the west facing balcony. The shower room has a walk-in shower with tiled surround, a W.C and wash hand basin.

Marcus house is situated on New North Road, just towards the end of Queen Street. It has excellent and immediate access to the city centre and everything it has to offer. Central Train Station is also nearby, giving access to the Waterloo line and to the rest of the country's rail network.

This property is part of a portfolio and other properties are available to anyone looking to buy multiple units at the same time. Please get in touch for more information.

Tenure: Leasehold
Council Tax Band: A
Local Authority: Exeter
Service Charge: £1848 Annually
Ground Rent: £238.92 Annually
Time Remaining: 104 Years

Communal Hall

Lift and stairs to all floors.

Entrance Hall

Door to shower room, two storage cupboards, opening to studio room.

Studio Room

16'10" x 14'4" (5.14m x 4.38m)

Large open plan room with bed area, living area and kitchen. Kitchen fitted with wall and base units and integrated oven, hob and extractor. Space and plumbing for washing machine. window and double doors to balcony.

Shower Room

6'0" x 5'2" (1.84m x 1.59m)

Walk-in shower, W.C and wash hand basin.

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

New North Road, Exeter, EX4

Open mapStreet View

Add an important place to see how long it'd take to get there from our property listings.

__mins driving to your place

Check how much you can borrow

Get an instant, personalised result:

  • Show sellers you’re serious
  • Secure viewings faster with agents
  • No impact on your credit score
Get a Mortgage in PrinciplePowered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
Recently sold & under offer
See similar nearby properties
Get brand editions for Moveli, London & Country

About Moveli, London & Country

21 Ellis Street, London, SW1X 9AL

Having previously built a highly respected London-based high street estate agency from scratch, we know the value of having a great agent fighting your corner. We also saw first hand the problems with high street based estate agency - an emphasis on marketing over making investments to improve service, 'bad' estate agents hiding within ostensibly 'good' brands, and extortionate fees to name but a few - and how these can impact both homeowners and estate agents themselves.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£502
We think you can borrow up to
Add your household income above
Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference RX743501. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Moveli, London & Country. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.

Email agent

Call agent

Email agent